Online Scams Gaining Traction in the Crypto and Financial Space

  • 31st Aug 2021
  • Onecover

The COVID-19 pandemic hit last year and things have never been the same since. Since then, scammers have come up with various lures and tricks up their sleeves to dupe individuals and organizations of their hard-earned money. Lately, these scams have gained huge momentum and have become a constant source of pain.

The likelihood of scammers being successful is a game of numbers - the more targets they get, the higher the chances of being successful. Security specialists need to strengthen their defenses to combat all these frauds. Because of their inexorability, scams and frauds have become a serious issue. Every quarter, the number of reported cases keeps rising. Since these are here to stay, it goes without saying that users should stay vigilant.

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